Why Live in Elmwood
Elmwood, a historic neighborhood in Providence, offers a unique architectural experience with homes built between 1845 and 1930, showcasing Italianate, Queen Anne, Colonial Revival, and Tudor styles. Many of these homes are listed on the National Register of Historic Places, and the area includes both fixer-uppers and multi-family properties. Residents enjoy several parks, including Peace and Plenty Park, Jennifer Rivera Memorial Park, and Miguel Luna Park, which features a water park and sports facilities. Just south of Elmwood, Roger Williams Park spans 435 acres and hosts numerous attractions such as the Museum of Natural History and Planetarium, the Roger Williams Park Botanical Center, and the Temple to Music. Elmwood Avenue, the neighborhood's main street, is lined with boutiques, restaurants, and bus stops, providing convenient access to various points of interest throughout Providence. Dining options in Elmwood include Apsara Asian Restaurant and Raphael Restaurant, offering diverse culinary experiences. The neighborhood is bordered by Interstate 95 to the south, Broad Street to the east, and U.S. Route 1 to the west, facilitating easy travel to other parts of the city. Elmwood's blend of historic charm, recreational spaces, and diverse dining makes it a notable residential area in Providence.
Home Trends in Elmwood, RI
On average, homes in Elmwood, Providence sell after 43 days on the market compared to the national average of 70 days. The median sale price for homes in Elmwood, Providence over the last 12 months is $285,000, down 30% from the median home sale price over the previous 12 months.
Median Sale Price
$285,000
Median Single Family Sale Price
$370,000
Median Townhouse Sale Price
$395,000
Median 2 Bedroom Sale Price
$456,000
Average Price Per Sq Ft
$233
Number of Homes for Sale
6
Last 12 months Home Sales
44
Median List Price
$337,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-30%